AMD (AMD -1.70%) has had an incredible 2026, and since January, the stock has tripled in price to about $650 per share. Investors love to see a stock do that well, but past returns mean nothing now; all that matters is what’s coming in the future.
So, where will AMD’s stock price be a year from now?Â
Image source: The Motley Fool.
AMD’s monster rally comes at a cost
AMD has delivered huge stock price growth, but there’s one problem: It hasn’t been matched on the business side. In the second quarter, AMD’s revenue grew 50% year over year. In a vacuum, that’s a pretty impressive growth rate. But when you compare it to its peers, it’s actually pretty slow. The reason is that AMD’s data center segment makes up comparatively less of the…
